AI Breaks Down the Factors Behind Ethereum's Price Fluctuations and Whether It Can Surpass $3,000 Again
Trader Tardigrade’s X post shows Ethereum’s price often moves opposite to the DXY. Four major cycles displayed peaks in the dollar matching ETH bottoms, and vice‑versa. Perplexity AI confirmed this pattern as one of the clearest in crypto. When the dollar strengthens, investors shift to safe assets, pushing ETH down. A weakening DXY eases liquidity and attracts crypto inflows. The AI model estimates that 40‑60% of ETH’s price swings align with DXY movements, especially during rate‑policy changes. The DXY has slipped below its long‑term support to around 97.8, suggesting further downside. If the trend continues, the chart projects ETH could break $3,000 and eventually test $10,000. Analysts warn a lag of days to months before the effect fully appears. A confirmed, prolonged dollar weakness combined with improving on‑chain and derivatives metrics would validate an ETH rise. Historical episodes in 2020 and 2022 show similar dollar‑ETH turning points. Monitoring these factors will indicate whether the next expansion phase is imminent.























